Stock Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
CONTRAFECT CORP COMMON (NASDAQ:CFRX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CFRX
The long term trend has been DOWN since May 10th, 2016 at 3
The intermediate term trend has been DOWN since Oct 25th, 2017 at 1
The short term trend has been DOWN since Nov 13th, 2017 at 1
Smart Scan Analysis for CFRX
Based on a pre-defined weighted trend formula for chart analysis, CFRX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||2.5||Year High Date||2017-03-10|
|Year Low||0.8||Year Low Date||2017-09-08|
|52wk High||2.7||52wk High Date||2016-11-28|
|52wk Low||0.8||52wk Low Date||2017-09-08|